Blockchain: EU strategy and key objectives ITU workshop, KIEV, - - PowerPoint PPT Presentation

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Blockchain: EU strategy and key objectives ITU workshop, KIEV, - - PowerPoint PPT Presentation

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Blockchain: EU strategy and key objectives ITU workshop, KIEV, Ukraine 16th May 2019 Massimiliano Dragoni Digital Innovation and Blockchain Unit Digital Single Market DG CONNECT EUROPEAN COMMISSION 1 Why Blockchain? New paradigms

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Blockchain: EU strategy and key objectives

ITU workshop, KIEV, Ukraine 16th May 2019 Massimiliano Dragoni Digital Innovation and Blockchain Unit Digital Single Market – DG CONNECT EUROPEAN COMMISSION

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Why Blockchain?

  • New paradigms and collaborative models in the digital economy

(more trust)

  • Transformative capacities (e.g. disintermediation, tokenisation)
  • Potential alternative model to dominant platforms

(decentralisation)

  • Higher quality and efficiency (e.g. data integrity, traceability)
  • New opportunities that Europe must seize NOW
  • Role for public bodies and the private sector

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From high potential to operations and successful uses

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  • Major actors from various

industrial sectors engaged in projects (users / suppliers)

  • Vibrant start-up communities
  • Value for citizens
  • High interest in governments -

EU (EC/EP/ECA), national, local

  • Map of existing initiatives
  • EU regulatory framework
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MANDATE OF THE EUROPEAN BLOCKCHAIN PARTNERSHIP JOINT DECLARATION 10th OF APRIL 2018

3 DELIVERABLES BY END OF 2018 Use-cases cross border digital public sector services Functionalities and architecture of the EBSI Governance Model SIGNATORIES AGREE TO ENGAGE IN COOPERATION TO ESTABLISH A EUROPEAN BLOCKCHAIN SERVICES INFRASTRUCTURE [EBSI]

Focus EBP

Policy engagement

The European Blockchain Partnership

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29 countries, including Norway and Liechtenstein, to cooperate towards a European blockchain Services Infrastructure (EBSI): focus on cross border public services first

 Uses cases identified (Common registers / excise exchange in Europe, Notarisation of documents; Diplomas)  European Self Sovereign Identity – eSSIF / eIDAS  Infrastructure (Guiding principles addressed by EBP)

What was achieved

 From 22 to 29 members  Agreement on 3 deliverables  Implementation through CEF in 2019-2020

Continue exchange of experiences, dialogue on regulatory/legal aspects

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European Blockchain Partnership

Policy engagement: EU with MS / EEA

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EBSI FOCUS

EBSI TECHNICAL GROUP

EUROPEAN BLOCKCHAIN PARTNERSHIP

EBSI USER GROUPS POLICY FOCUS

DEFINE POLICY AGENDA ON DLT

IDENTIFY POLICY AND REGULATORY AREAS THAT ARE CRITICAL FOR BLOCKCHAIN TECHNOLOGY DEPLOYMENT. E.G. SMART CONTRACTS AGREE ON REPRESENTATION AND PARTICIPATION AT THE INATBA GLOBAL REGULATORY DIALOGUES INITIATIVE

CARRY-OUT A SURVEY ON BLOCKCHAIN AND FUTURE DIGITAL SERVICES OF PUBLIC INTEREST (FEED INTO DEP)

CREATE AN OVERVIEW OF EU, NATIONAL AND GLOBAL DEVELOPMENTS RELATED TO – 1. BLOCKCHAIN AND HIGH PERFORMANCE COMPUTING

  • 2. BLOCKCHAIN AND ARTIFICIAL INTELLIGENCE
  • 3. BLOCKCHAIN AND SKILLS GAPS FOR SERVICES OF PUBLIC

INTEREST

  • 4. OTHERS

OTHERS… SUPPORT EBSI DEVELOPMENT

IDENTIFICATION AND SELECTION OF NEW USE CASES ALIGNMENT OF EBSI PRIORITIES WITH POLICY PRIORITIES

EBP POLICY GROUP

NOTARISATION U-G DIPLOMAS U-G ESSIF U-G TAXATION – IOSS U-G*

INPUT INTO GLOBAL REGULATORY DIALOGUES (WITH INABTA)

TO BE LAUNCHED BY OCCASION OF THE WORLD BLOCKCHAIN CONGRESS (FALL 2019)

EBP Governance

Roadmap 2019

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EUROPEAN BLOCKCHAIN SERVICES INFRASTRUCTURE (EBSI) Development

DEFINED TECHNICAL SPECIFICATIONS INFRASTRUCTURE CHARACTERISTICS AND ARCHITECTURE OF EBSI

TECHNICAL AND USER GROUPS

Q2 and Q3 2019 Q4 2019 to Q3 2020

TRACK 1 TRACK 2

MEMBER STATES INTEGRATION PREPARATION OF EBSI v2 Review of EBSI V1 Development of additional Technical Specifications Q3 2020 to Q1 2021 CONSTRUCTION OF EBSI v1 Q4 2020 to Q2 2021 TRANSITION TO PRODUCTION CONSTRUCTION OF EBSI v2 CENTRAL SERVICES GO LIVE LAUNCH OF EBSI TESTING PLATFORM

  • Deployment package
  • Common API
  • Functional modules

2019 2020 2021

EBSI Roadmap

Implementation

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An Observatory and a Forum, an online and offline community, a map of 630+ projects, workshops organised, reports prepared, available trainings

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EU Blockchain Observatory and Forum Stakeholders engagement

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EU Blockchain Observatory and Forum Achievements

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EU Blockchain Observatory and Forum Achievements

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Focus Digital identity

  • ID has become multiple and multifaceted
  • Today ID is centralised and fragmented

(siloed and monopoles)

  • ID in a digital world needs digital proofs

and credentials

  • Digital identity: atomic and cumulative

(growing and evolving data points in digital realm)

  • Self-Sovereign Identity may offer user-
  • wned decentralised digital identities
  • Assessing possible anchoring with eIDAS
  • Through the EBSI – EU Self-Sovreign

Identity Use Case (implementation)

  • Blockchain
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Focus – Decentralised digital identity

"Decentralised identities are digital identities that are created by an individual and remain under his or her control. By attaching trusted information (credentials) from authoritative sources to these identities, the individual can create trust in the claims he or she makes about his or her identity, while still maintaining that control".

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Considerations ESSN

  • European Social Security Number to provide a

unique identifier for each EU citizen to interact with social security administrations and institutions.

  • Self Sovereign Identity to provide citizens with a

unique identifier handled by users through their private/public encryption keys, decentralised fashion, digital by default (linked to verified eIDAS accounts with proper level of assurance?)

  • Unique identifier is good to attach all our

attributes, including social security ones (centrally / decentralised managed?)

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INATBA

Industry engagement

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The INternational Association for Trusted Blockchain Applications is an open and inclusive multi-stakeholders

  • rganisation, created in Europe, Brussels, bringing together all

stakeholders committed to promote interoperability, transparent governance, legal certainty and trust in services enabled by blockchain and DLT, worldwide, through continued collaboration and openness. INATBA is bringing together members to develop open, transparent & inclusive governance model; Interoperability

  • f DLT/Blockchains; Sector-specific specifications & promote

convergence of policy by establishing regulatory dialogues between industry&public authorities at global level. 1st World Blockchain Congress, Malaga, 11-13 November 2019

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Focus INATBA

Its mandate

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Focus INTBA

Establishment

 105 founding members

  • n 6th March 2019

 300+ requests for membership  Over 4 continents  ICANN-style ambitions  Official launch on 3rd April in Brussels  INATBA Declaration hashed on blockchains  More info https://www.inatba.org/

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Legal framework

  • Smart Contracts : Is the current legal

framework sufficiently clear to ensure the enforceability of smart contracts and clarify jurisdiciton in case of legal disputes?

  • Tokenisation : Is the current legal framework

appropriate for issuing and trading tokens (i.e.: crypto assets), when they are not considered as financial instruments ?

  • => EU Blockchain Observatory WG "Legal"
  • => Opinion EBA, ESMA Jan 2019 (gap analysis)
  • => Study EU Commission 2019

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The way forward

  • European strategic leadership in MFF 2021-2027, while

continue funding R&I through existing EU programmes;

  • Address regulatory aspects to exploit DSM
  • Build EBSI with practical cross-border use cases
  • Promote public-private cooperation with INATBA
  • Engage in international outreach
  • Work on Standardisation (ISO TC 307), Interoperability
  • Prepare investment fund in "AI and blockchain"
  • Education and skills development

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AN AMBITIOUS EU BLOCKCHAIN STRATEGY

ESTABLISHING GLOBAL LEADERSHIP IN BLOCKCHAIN AND DISTRIBUTED LEDGER TECHNOLOGIES

PUBLIC-PRIVATE PARTNERSHIP

SUPPORTING THE CREATION OF THE INTERNATIONAL ASSOCIATION OF TRUSTED BLOCKCHAIN APPLICATIONS [INATBA]; A MULTISTAKEHOLDER ORGANISATION TO PROMOTE TRUST AND INTEROPERABILITY AT GLOBAL LEVEL

JOINED-UP POLITICAL VISION (EU-MS)

JOINT DECLARATION ON THE ESTABLISHMENT OF THE EUROPEAN BLOCKCHAIN PARTNERSHIP [EBP] AND THE DEVELOPMENT OF THE EUROPEAN BLOCKCHAIN SERVICES INFRASTRUCTURE [EBSI] FOR CROSS-BORDER DIGITAL SERVICES OF PUBLIC INTEREST

INVESTING IN EU RESEARCH, INNOVATION AND START-UPS

THROUGH THE CONNECTING EUROPE FACILITY AND H2020 PROGRAMMES, THE EU IS CO-INVESTING IN THE MOST ADVANCED DIGITAL INFRASTRUCTURE AND THE MOST INNOVATIVE EU START-UPS NEW EU INVESTMENT SCHEME FOR AI AND BLOCKCHAIN + SUPPORT PROGRAMME

CONNECTING GLOBAL and EUROPEAN EXPERTISE

THE EU BLOCKCHAIN OBSERVATORY AND FORUM BRINGS TOGETHER THE LEADING GLOBAL EXPERTS TO IDENTIFY OBSTACLES, INCENTIVES AND PRACTICAL SOLUTIONS TO PROMOTE BLOCKCHAIN UPTAKE.

PROMOTING AN ENABLING DSM LEGAL FRAMEWORK, INTEROPERABLE STANDARDS and SKILLS DEVELOPMENT

EU Strategy

Blockchain holistic approach

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Next steps

How to engage?

  • INATBA : solicit your stakeholders to become members;

discuss interest for regulatory dialogues in the World Blockchain Congress

  • EU Blockchain Observatory and Forum: dedicated meetings

with DGs, engage in the next workshops (slide) and reports

  • EU Blockchain Partnership: identify promising use cases to

be sumbitted in 2019 (second wave); engage in more technical discussions on existing use cases and deployment; regulatory barriers and legal certainty framework.

  • Research and innovation activities: continue mapping EU-

funded projects – many DGs contributions still missing!Priorities for the next MFF.

  • Exploring areas of legal uncertainty and regulatory

framework e.g. smart contracts and tokenisation: EU study DG CNECT SMART 2018/0038

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Thank you!

  • CNECT EU Blockchain
  • @EUBlockchain
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